If a Household Experiences a $880 Increase in Consumption with a $1

question 115

Multiple Choice

If a household experiences a $880 increase in consumption with a $1, 100 increase in disposable income, what is the slope of that household's saving function?

• A)0.20
• B)2.0
• C)0.80
• D)0.08
• E)0.25

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